VOL. XXXI

NO. 7

23-NOVEMBER-1987

Financial and Banking News

AID FLOWS

IDA Lends Somalia $12.5nn to Boost Power Supply

The International Development Association, the World Bank's concessionarylending affiliate, has agreed to lend Somalia SDR9.7mn ($12.5mn) to help expandthe country's electric power supply, according to an IBRD announcement issued on5 November. Somalia is launching a $94mn project that will make electric powersupply and distribution more efficient and reliable, and also meet...